What is Audius (AUDIO) Coin
AUDIO coin enables network security, exclusive feature access, and community-owned governance. The Audius protocol gives everyone the freedom to share, monetize, and listen to any audio. Thanks to $AUDIO, our users can earn a voice in the platform’s future through active contributions to the network.
Our SoundCloud alternative helps artists monetize their work in creative ways by better engaging true fans. We’re here to create the future of streaming by giving users the means to shape Audius coin as the recipients of AUDIO. The protocol will live forever, owned and operated by a decentralized community of artists, api, and fans collaborating to defend the world’s music catalog.
- Audius is a decentralized music-sharing and streaming protocol that facilitates direct transactions between listeners and creators, giving everyone the freedom to distribute, monetize, and stream any audio content.
- AUDIO is the native utility token of the network and it is used for the following:
- Staking for running discovery or content nodes so users will get a higher probability of fan discovery and a share of network fees;
- Staking to unlock exclusive features and services like artist tokens and badges, and receive voting power from fans who want to share in their success;
- Participating in protocol governance voting to shape future iterations of the protocol.
- The protocol consists of the following major components working in conjunction:
- Content nodes: A user-operated network of nodes to host content and permission access to content on behalf of artists;
- Content ledger: A single source of truth for all data accessible within the Audius protocol, anchoring references to content hosted by content nodes;
- Discovery nodes: A user-operated network of nodes that index the Audius content ledger and provide an easily query-able interface for retrieving metadata;
- Audius launched its mainnet in October 2020, with 1 billion AUDIO tokens minted and approximately distributed as follows:
- Airdrop: 55MM AUDIO (5.50%)
- Foundation Treasury: 180MM AUDIO (18.00%)
- Team and Advisors: 405MM AUDIO (40.50%)
- Investors: 360MM AUDIO (36.00%)
How To Buy Audius (AUDIO) Coin
1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to buy Audio coin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.
2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.
3.Step: Continue the process by typing the amount you would like to invest and your preferred cryptocurrency. Keep in mind that for security reasons, your credit card/debit cardholder information must match with the name available on your account. If you would like to buy cryptocurrencies with a wire transfer, you need to follow the Buy Crypto > Third-Party Payment options to pick your preferred fiat currency to buy cryptocurrencies.
4.Step: If the cryptocurrency you are planning to buy is not available on the list, buy USDT “You can always redeem 1 USDT Coin for US $1.00”. You can buy any coin you want with USDT by following Buy-Sell > Classic steps. We have provided the answer to How to buy Audius coin, now you can view the cryptocurrencies you bought by clicking on the wallet summary available on your Binance account. You can sell your assets when their value increases, or you can withdraw them to your bank account in desired fiat currency.
How Much is a Audius (AUDIO) Coin
Audius (AUDIO) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.
Audius (AUDIO) Coin Review
You can learn more about Audius (AUDIO) coin reviews and information on cryptocurrencies by visiting their official page available in the following.
Website https://audius.org/ Whitepaper https://whitepaper.audius.co/ Medium https://medium.com/audius Telegram https://t.me/Audius Discord https://discord.gg/yNUg2e2